Business News

Bank Bjb Participates in IDR 600 Billion Strategic Chemical Project

On 26 August 2025, Bank Bjb entered into a syndicated loan agreement with PT Hidrogen Peroxida Indonesia (HPI), totalling IDR 600 billion. With a tenor of 90 months (approximately seven and a half years), including a grace period. This initiative underscores Bank Bjb's commitment to fostering the growth of strategic…

KDEI Taipei Visits Taiwan’s Horticultural Production Centers

In late August 2025 (August 29–30), the Indonesian Trade and Economic Office in Taipei (KDEI Taipei) conducted a two-day visit to key horticultural production centers in Taiwan. These visits included stops at Taiwan Rice Seedling, Xian Jin, and other prominent facilities, where KDEI engaged with local producers to explore partnerships…

Indonesia Advocates for South–South Collaboration on Palm Oil Sustainability Standards

In July 2025, Indonesia’s Deputy Foreign Minister Arif Havas Oegroseno declared a strategic shift away from passively accepting externally imposed rules toward actively shaping global standards. Speaking at a bioenergy seminar in Jakarta, he announced Indonesia’s intent to lead the formulation of its own benchmarks for sustainable trade—especially for palm…

Trade Ministry Facilitates Essential Oil Transactions Worth IDR 2 Billion with Russia

The Indonesian Ministry of Trade (Kemendag), through its Trade Attaché in Moscow (Atdag RI), has successfully facilitated a potential essential oils export deal to Russia valued at approximately USD 123,400—or around Rp 2.01 billion. This opportunity emerged following outreach efforts to participants of the Global Ingredients Show in Moscow (15–19…
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